Title 20231123_BSC_Vietnam Daily Review_EN_Vn-Index dropped sharply by 25 points
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 23/11/2023
Total pages : 4
Language : English
File Type : .PDF
FileSize : 277 Kb
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Short Content

 'Market outlook  

Stock market: VN-Index rebounded right from the opening, however the selling force at the resistance level of 1,120 forced the index down to struggle at the threshold of 1,115. The tug of war continued in the afternoon session. Near the end of the session, the selling force suddenly increased sharply and pushed the index down to close at 1,088.49, down more than 25 points. Market breadth tilted to the negative side with 18/18 sectors decreasing, of which Retail led the decline, followed by the Financial Services and Basic Resources. Regarding foreign transactions, today they were net sellers on the HSX and net buyers on the HNX. In the coming sessions, VN-Index may continue to fall to the support level of 1,080. If the bottom-fishing cash flow here is weak, the index may continue to fall to the 1,025 threshold.

Futures contracts: Futures contracts all decreased according to the movement of VN30. It is recommended that investors trade cautiously in the coming sessions.

Covered warrants:  During the trading session on November 23, 2023, warrants fluctuate according to the adjustment rhythm of the underlying stock.

Highlight: 
• VN-Index -25.33 points, closing at 1088.49. HNX-Index -5.95 points, closing at 224.54.
• Pulling the index up: LGC (+0.19), HVN (+0.11), HAG (+0.11), SAM (+0.05), ACG (+0.03).
• Pulling the index down: HPG (-1.88), VCB (-1.67), GAS (-1.13), VPB (-0.98), SAB (-0.96).
• The matched value of VN-Index reached VND 19,158 billion, increased 10.39% compared to the previous session. The total transaction value reached VND 20,638 billion.
• The trading range is 30.3 points. The market had 109 advancers, 79 reference stocks, 397 decliners.
• Foreign investors' net selling value: VND -443.87 billion on HOSE, including VHM (-118.58 billion), FUESSVFL (-91.54 billion), VPB (-69.29 billion). Foreign investors were net buyers on HNX with the value of VND 7.1 billion.

Movement of BSC30 and BSC50:
• BSC30 -2.92%. 
• BSC50 -3.46%. Positive stocks: GEG (+1.89%).